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jetclosing.com

Founded Year

2016

Stage

Series B - II | Alive

Total Raised

$46.25M

Last Raised

$11M | 1 yr ago

About JetClosing

JetClosing uses its technology to capture and systematize every aspect of the real estate closing. It makes the process actionable, accountable, and transparent.

JetClosing Headquarter Location

1417 Fourth Avenue Suite 401

Seattle, Washington, 98101,

United States

866-538-1000

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Research containing JetClosing

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned JetClosing in 1 CB Insights research brief, most recently on Apr 14, 2021.

Expert Collections containing JetClosing

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

JetClosing is included in 2 Expert Collections, including Real Estate Tech.

R

Real Estate Tech

2,221 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

F

Fintech

7,344 items

US-based companies

JetClosing Patents

JetClosing has filed 6 patents.

The 3 most popular patent topics include:

  • Real estate
  • Real property law
  • Property law
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/29/2020

Real estate, Machine translation, Real property law, Artificial intelligence, Natural language processing

Application

Application Date

7/29/2020

Grant Date

Title

Related Topics

Real estate, Machine translation, Real property law, Artificial intelligence, Natural language processing

Status

Application

Latest JetClosing News

Top Originator Gives Credit To Technology And Networking For His Success

May 18, 2021

In normal conditions it takes close to 45 days, to close loans in 45 days, Joe Garza, an Arizona-based mortgage professional who is the owner of Olympus Home Loans can get his clients approved for a mortgage in as little as a days’ time. He has earned several recognitions from United Wholesale Mortgage (UWM), including as a top 1% producer. Garza has successfully grown from a one-man shop to seven employees over the past four years, and together the team has closed over $35 million in 2020. With the help of digitization , he has managed these speedy turn times and growth. Garza said, in the mortgage industry, technology is the biggest missed opportunity for many companies. The importance of real-time, remote collaboration was reiterated during the difficult times of the pandemic where the team and clients could not be in one due to social distancing. He said for a mortgage brokerage to scale efficiently it was important to digitalize. During the COVID-19 pandemic phase, his team had to quickly adapt to new ways of working and doing business, which took a lot of energy and focus. Graza looked at all options to increase the efficiency of his company and for his customers, and came up with digital home closings. But even before the pandemic led to lockdowns, the company was already using JetClosing , a virtual real estate closing platform to complete transactions, which was an innovation that set them apart from other old-fashioned brokerages. I started working with Much before the pandemic hit JetClosing’s, the team could accommodate Olympus’s 17-day average turn times with some of their wholesale lenders. A very important role in modernizing Olympus’s internal processes was taken over by JetClosing enabling Graza and his team to respond quickly by helping a lot of people in less time by closing the loans quickly. In 2020 when the rates were historically low, and the demand for refinance and resale increased, much of the administration work associated with the lending process got automated by JetClosing, enabling them to focus on more high-value tasks for their customers. Come the homebuying season realtors would be important partners so Olympus is invested in building strong relationships with realtors and real estate companies. Garza is figuring out strategies on how to qualify customers for loans beyond the standard risk assessment. Along with being diligent in qualifying people there would be numerous variables to consider. For most of the day, Garza is working towards every aspect to make sure they are consistently offering competitive and stable turn times and building relationships with his employees and customers. Graza motivates other players in this field to try out of box approach to succeed. Self-belief, a strong support system, and facing challenges with hard work are the keys according to Graza.

JetClosing Web Traffic

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JetClosing Rank

  • When was JetClosing founded?

    JetClosing was founded in 2016.

  • Where is JetClosing's headquarters?

    JetClosing's headquarters is located at 1417 Fourth Avenue, Seattle.

  • What is JetClosing's latest funding round?

    JetClosing's latest funding round is Series B - II.

  • How much did JetClosing raise?

    JetClosing raised a total of $46.25M.

  • Who are the investors of JetClosing?

    Investors of JetClosing include Trilogy Equity Partners, T. Rowe Price, Pioneer Square Labs, Voyager Capital, Paycheck Protection Program and 5 more.

  • Who are JetClosing's competitors?

    Competitors of JetClosing include Endpoint.

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